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UK Retailers Face Weak November Sales as Black Friday Timing Skews Data

Sales dropped 3.3% year-on-year, reflecting delayed Black Friday purchases and strained consumer confidence from rising costs.

  • UK retail sales in November fell 3.3% compared to last year, marking the weakest performance since April, according to the British Retail Consortium (BRC).
  • The timing of Black Friday, which shifted sales into December's figures, contributed to the decline but did not fully offset the impact of low consumer confidence and rising energy bills.
  • Non-food sales, including winter clothing, saw a 2.1% drop over the three months to November, while food sales rose by 2.4%, significantly below last year's growth rates.
  • Barclays data showed a 0.5% decline in total consumer card spending in November, with essential spending seeing its steepest drop in five years at 3.1%.
  • Retailers are cautiously optimistic about a potential rebound in December but remain concerned about economic pressures influencing holiday spending patterns.
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